Waec Model Questions Vol1 2017 Geography Question 38
Practice objective / multiple choice question 38 from the 2017 Waec Model Questions Vol1 Geography examination.
In 2015 Nigeria's manufacturing sector contributed N25 billion to GDP, representing 10 % of the total GDP that year. By 2020 the total GDP had risen to N300 billion. If the manufacturing sector wishes to capture a 12 % share of the 2020 GDP, what constant annual compound growth rate must its output achieve from 2015 to 2020? Express your answer as a percentage to one decimal place.
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About This Question
This is Waec Model Questions Vol1 2017 Geography Question 38. It is one of the objective questions from the 2017 Waec Model Questions Vol1 Geography examination.
Difficulty level: Hard .
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